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Vera French Housing Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 421427313 ✦ Davenport, IA ✦ Designated as a 501(c)(3)

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Overview

What is Vera French Housing Corporation?

Vera French Housing Corporation is a nonprofit organization situated in Davenport, Iowa, specifically at 211 East 37th Street. Established with the aim of assisting individuals facing persistent mental illness, the corporation offers permanent, affordable housing. This housing is strategically linked to the Vera French Community Mental Health Center, a related organization that provides essential support services. The Housing Corporation manages 130 units of scattered site apartment buildings, duplexes, and shared living accommodations in both Davenport and Bettendorf. In 2013, the corporation introduced the first staffed home for individuals requiring extra assistance and supervision, which now boasts seven such homes within the community. Additionally, Vera French Housing Corporation collaborates with individuals transitioning from shelters and homeless situations to help them secure stable living arrangements.

Is Vera French Housing Corporation legitimate?

Vera French Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vera French Housing Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $96,953
Professional Fundraising Fees: $0
Other Salaries and Wages: $195,317

For more financial information, click here

What is the mission statement of Vera French Housing Corporation?

The Vera French Housing Corporation is dedicated to providing affordable housing solutions, coupled with appropriate supportive services, for individuals grappling with severe and persistent mental illness. Their mission is centered around facilitating permanent housing options, which are connected to the necessary mental health support services. This organization offers various housing options, such as scattered site apartment buildings, duplexes, and shared living spaces, in multiple locations. In addition, they have established several staffed homes to provide additional assistance and oversight to individuals requiring extra care and supervision. The Corporation also assists individuals transitioning from shelters or homeless living situations.

Who is the CEO of Vera French Housing Corporation?

Stacy Kiser-Willey Executive Direct is the Executive Dir. of Vera French Housing Corporation.

What is the revenue of Vera French Housing Corporation?

Vera French Housing Corporation's revenue in 2022 was $645,221.

Who are the executives of Vera French Housing Corporation and what are their salaries?

The average compensation at Vera French Housing Corporation during 2022 was $29,227. There are 10 employees and 8 volunteers at Vera French Housing Corporation.


Here are 8 key members and their salaries:


Stacy Kiser-Willey (Executive Dir.)
  • Compensation: $82,219
  • Related: $0
  • Other: $14,735
Bill Bruce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abbey Furlong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natasha Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Kellenberger (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Mcelyea (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Schloemer (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Vera French Housing Corporation?

Vera French Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Vera French Housing Corporation

Vera French Housing Corporation is dedicated to providing affordable housing solutions for individuals struggling with severe and persistent mental illness. This nonprofit organization recognizes the importance of housing as a fundamental need and believes that it can significantly improve the quality of life for those affected. To achieve this, Vera French Housing Corporation connects its residents with appropriate supportive services, ensuring they have the necessary resources to maintain their housing and overall well-being.

The corporation offers a variety of housing options, including scattered site apartment buildings, duplexes, and shared living spaces. These housing units are strategically located in Davenport and Bettendorf, providing a sense of community and support for its residents. In addition to the physical housing, Vera French Housing Corporation also operates seven staffed homes for individuals requiring additional assistance and oversight. This holistic approach to housing and support services aims to empower individuals with mental illness and help them rebuild their lives.

In partnership with the Vera French Community Mental Health Center, a related organization, Vera French Housing Corporation ensures that residents have access to a broad range of support services. These services can include counseling, therapy, and other mental health resources, as well as assistance with daily living tasks and navigation of community resources. By offering affordable housing linked with appropriate supportive services, Vera French Housing Corporation strives to create stable living environments that enable individuals to manage their mental health and live independently.

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Impact




October, 2024

Vera French Housing Corporation significantly impacts the community by providing essential affordable housing options for individuals experiencing severe and persistent mental illness. By offering 130 scattered site units, including apartments, duplexes, and shared living spaces throughout Davenport and Bettendorf, it alleviates housing insecurity for a vulnerable population.

The organization operates in close conjunction with the Vera French Community Mental Health Center, ensuring that tenants have access to necessary supportive services that enhance their well-being. In 2013, it expanded its impact by launching the first staffed home specifically designed for individuals requiring extra assistance. This initiative has grown to include seven staffed homes within the community, further supporting individuals transitioning from shelters or homelessness.

Through these efforts, Vera French Housing Corporation fosters stability and independence, empowering residents to improve their quality of life while promoting community integration.




This information is meant to be a general summary of Vera French Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$645,221 (2022)
Expenses
$720,914 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $95
  • Program Service Revenue: $457,078
  • Gross Receipts: $645,221

Assets and Liabilities:

  • Total Assets: $1,924,501
  • Total Liabilities: $723,362
  • Net Assets: $1,201,139

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROPERTY MGT REVENUE

Revenue

$35,284

RENTAL REVENUE

Revenue

$421,794

Organization Details

Founding Year

1994

Principal Officer

Stacy Kiser-Willey Executive Direct

Main Address

211 EAST 37TH STREET, DAVENPORT, IA, 52806

NTEE Category

Code: L99Z - Housing

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